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Class, look at the definitions on page 8-18 and 819 that describe the details of a typical student loan or car loan. Give an example.

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Class, look at the definitions on page 8-18 and 819 that describe the details of a typical student loan or car loan. Give an example. List the following for your example: A. Who is the maker of the loan? B. Who is the payee of the loan? C. How much is the principal in dollars? D. What is the interest rate? E. How long is the interest period in years? F. Is the interest rate an annual rate? G. When is the maturity date

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